Microsoft Has Agreed To Buy Coding Site GitHub

Just a couple of days ago, Business Insider reported that coding site GitHub could soon become a part of Microsoft’s empire. The company currently values at $2 billion after it received $250 million in a 2015 funding round.

In the latest development, as per Bloomberg, Microsoft has actually agreed to buy the code hosting site. The people familiar with the matter have said that GitHub made this decision as company’s bosses were impressed by Nadella.

Under Nadella’s leadership, Microsoft has been trying hard to shed its image of being an enemy of open source software and Linux. Instead, the company has been working closely with open source community and releasing its software code to the public.

It’s worth noting that Microsoft’s journey started with creating software development tools and the company is known to lure developers from time-to-time to boost its software business.

On the other hand, GitHub is one of the most used tools by the developers all over the world. However, the company has been facing some problems making a profit in the recent years. It’s also worth mentioning that this isn’t the first time Microsoft approached the coding company with an intention to buy it. However, in the recent times, the talks accelerated and we can get to see the official announcement anytime soon. The actual terms of the deal remain unknown.

What are your views on this breaking story? Are you going to keep using GitHub and move over to GitLab? Do share your thoughts and keep reading Fossbytes.